Facing an all out invasion from Russia, Ukraine has taken emergency action against Russian linked western companies. As part of this drive, it has seized the assets of AMIC Energy in Ukraine – an Austrian private equity firm, whose subsidiary AMIC Ukraine is one of the country’s biggest fuel retailers.
Now, the company is threatening to use the fossil fuel industry’s favourite international agreement – the Energy Charter Treaty – to sue the government of Ukraine. Shockingly, the Austrian government has indicated its support for AMIC Energy in a joint press conference with the company, and is also refusing to follow other states in withdrawing from the Energy Charter Treaty.
We can’t stand for this. Use our tool to write to the Austrian government now.
20th November 2022